Political turmoil continued in Westminster on Thursday after Health Secretary Wes Streeting resigned Starmer's government saying he had "lost confidence" in his leadership.
Political turmoil continued in Westminster on Thursday after Health Secretary Wes Streeting resigned Starmer's government saying he had "lost confidence" in his leadership.
July ICE NY cocoa (CCN26 ) on Thursday closed down -204 (-4.64%), and July ICE London cocoa #7 (CAN26 ) closed down -162 (-4.95%). Cocoa prices sold off sharply to 1-week lows on Thursday after the Ivory Coast boosted its cocoa delivery estimate for this season. The Ivory Coast now...
July ICE NY cocoa (CCN26 ) on Thursday closed down -204 (-4.64%), and July ICE London cocoa #7 (CAN26 ) closed down -162 (-4.95%). Cocoa prices sold off sharply to 1-week lows on Thursday after the Ivory Coast boosted its cocoa delivery estimate for this season. The Ivory Coast now...
Applied Materials Inc (NASDAQ:AMAT, XETRA:AP2) shares rose about 4% in after-hours trading on Thursday after the semiconductor equipment maker reported stronger-than-expected fiscal second quarter results and issued upbeat guidance, supported by continued demand tied to artificial intelligence...
Applied Materials Inc (NASDAQ:AMAT, XETRA:AP2) shares rose about 4% in after-hours trading on Thursday after the semiconductor equipment maker reported stronger-than-expected fiscal second quarter results and issued upbeat guidance, supported by continued demand tied to artificial intelligence...
Bad Signs: Christopher Nolan's "The Odyssey" Looks Like A Woke Disaster The signs are not looking good. Christopher Nolan's version of Homer's classic Greek epic "The Odyssey" was, at first, greatly anticipated. The director's filmography is largely celebrated with blockbusters like Interstellar, The Dark Night, Dunkirk and Inception. However, woke ideology is like a virus infecting everything in ...
Bad Signs: Christopher Nolan's "The Odyssey" Looks Like A Woke Disaster The signs are not looking good. Christopher Nolan's version of Homer's classic Greek epic "The Odyssey" was, at first, greatly anticipated. The director's filmography is largely celebrated with blockbusters like Interstellar, The Dark Night, Dunkirk and Inception. However, woke ideology is like a virus infecting everything in Hollywood, and rumors were spreading from very early in the production that wokeness has invaded the brain of Christopher Nolan. Even though the vast majority of "woke coded" films fail miserably at the box office, the Tinsel Town cult continues to lose billions of dollars every year pumping out one disastrous production after another. If we apply the universal definition of insanity (making the same mistakes over and over and expecting different results), then Hollywood is truly a lunatic asylum. Well, it appears that the rumors of the new Odyssey adaptation being a leftist propaganda vehicle are true. The long running blackout on casting decisions now makes perfect sense, because it's a DEI circus. It is now confirmed that Nolan's film features a race-swapped Helen of Troy. The "most beautiful woman in the world" will be played by Lupita Nyong’o, a Kenyan-Mexican actress. Truly a downgrade from previous iterations of the story on film. Not to mention, Helen of Troy was a Greek - A Spartan Princess. But the sideshow doesn't end there. Nolan has also been forced to defend his decision to cast rapper Travis Scott in “The Odyssey” after receiving harsh backlash. The filmmaker addressed the controversy surrounding Scott’s appearance: “I cast him because I wanted to nod towards the idea that this story has been handed down as oral poetry, which is analogous to rap..." Perhaps one of the most contrived and idiotic explanations ever spoken. Unless you're making "Mel Brooks' The Odyssey", there is no reason for this decision. Keep in mind, this is an Ancient Greek epic, a story de...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
RenaissanceRe ( NYSE: RNR ) on Thursday said that Chief Financial Officer Robert Qutub and Chief Portfolio Officer Ross Curtis plan to retire at the end of 2026 as part of a planned leadership succession. The company said Matthew Neuber, currently senior financial officer and corporate treasurer, will succeed Qutub as Chief Financial Officer effective January 1, 2027, while Group Chief Underwritin...
RenaissanceRe ( NYSE: RNR ) on Thursday said that Chief Financial Officer Robert Qutub and Chief Portfolio Officer Ross Curtis plan to retire at the end of 2026 as part of a planned leadership succession. The company said Matthew Neuber, currently senior financial officer and corporate treasurer, will succeed Qutub as Chief Financial Officer effective January 1, 2027, while Group Chief Underwriting Officer David Marra will assume oversight of Curtis’ responsibilities. RenaissanceRe said Qutub and Curtis will remain in advisory roles following their retirements to support the transition process. Source: Press Release More on RenaissanceRe RenaissanceRe: Preferred Stock Hasn't Been This Appealing In Years RenaissanceRe's Solid Underwriting Is Reflected In Valuation RenRe sees $10B-$15B of new U.S. cat limit demand as 2026 expense ratio trends to 5%-5.5% RenaissanceRe Q1 2026 Earnings Preview
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Stanley Black & Decker Inc (Symbol: SWK) has taken over the #449 spot from Globe Life Inc (Symbol: GL), according to The Online Investor. Market capitalization is
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Stanley Black & Decker Inc (Symbol: SWK) has taken over the #449 spot from Globe Life Inc (Symbol: GL), according to The Online Investor. Market capitalization is
mustafaU/iStock via Getty Images Gold And Silver: The Wedge Patterns Became Too Narrow The goal of this article is to bring an observation on gold and silver to your attention. Lately, I’ve observed that both precious metals, as represented by the SPDR Gold Shares ETF ( GLD ) and the iShares Silver Trust ETF ( SLV ), have been trading in an increasingly narrow price range, forming the so-called we...
mustafaU/iStock via Getty Images Gold And Silver: The Wedge Patterns Became Too Narrow The goal of this article is to bring an observation on gold and silver to your attention. Lately, I’ve observed that both precious metals, as represented by the SPDR Gold Shares ETF ( GLD ) and the iShares Silver Trust ETF ( SLV ), have been trading in an increasingly narrow price range, forming the so-called wedged pattern. Furthermore, these patterns have narrowed so much by this time and reminded me about the compressed coil analogy. In my experience, markets cannot stay compressed indefinitely, especially for assets like gold and silver, which tend to exhibit higher volatility (say, compared to the S&P 500 ( SP500 ) or bonds). As such, I see dominated odds for an imminent breakout. Of course, a coiled spring can break out in either direction (i.e., breakout or breakdown). As such, in the second half of this article, I will analyze the market forces that lead me to see larger odds for an upward breakout than a downward breakdown. With this overview, let me elaborate more on the wedge patterns I am seeing now for both GLD and SLV. The next chart shows the latest technical trading patterns for the GLD ETF. As highlighted by the two green dotted lines, the most prominent pattern I see is a classic wedge pattern and an increasingly narrowing price range, indicating traders’ increasing indecision of a clear direction. The wedge has narrowed so much since February, when GLD prices peaked around $510, and I see little room for it to further narrow. StockCharts Switching to SLV, the technical trading patterns are very similar, as shown in the next chart. Again, as highlighted by the two green dotted lines, a narrowing wedge is also the most dominant pattern I see here. The wedge has again narrowed significantly since Feb 2026 and has begun to exhibit signs of an upward breakout already in recent days. As seen, the price broke out of the upper edge of the wedge a few days ago and has st...
Yuri_Arcurs/E+ via Getty Images Boot Barn ( BOOT ) shares are moving higher in after-hours trading as solid fiscal fourth-quarter results offset the company’s underwhelming profit outlook for the current fiscal quarter and year. Powered by better-than-expected same-store sales and a double-digit improvement in e-commerce sales, the footwear retailer realized an 18.7% surge in net sales year-over-y...
Yuri_Arcurs/E+ via Getty Images Boot Barn ( BOOT ) shares are moving higher in after-hours trading as solid fiscal fourth-quarter results offset the company’s underwhelming profit outlook for the current fiscal quarter and year. Powered by better-than-expected same-store sales and a double-digit improvement in e-commerce sales, the footwear retailer realized an 18.7% surge in net sales year-over-year to $538.8M, beating estimates by more than $7M. This contributed to a profit of $1.45 per share, up 19% from a year ago and 3 cents above expectations. Although gross profit improved 16%, gross profit margin was down 80 basis points due to increased buying, occupancy, and distribution center costs of new stores along with a 30 basis point decrease in merchandise margin rate. For the current fiscal quarter ending in June, Boot Barn ( BOOT ) expects total sales to be between $574M and $584M, representing growth of 14% to 16%, with a midpoint of $579M that is better than the $572M estimates. Same-store sales are seen increasing by 2% to 4% versus +2.28% estimates. This includes retail store sales up 1% to 3% and e-commerce sales up 12% to 14%. Net income per share is expected to be within a range of $1.62 and $1.71, below the $1.93 consensus estimate. The company’s profit outlook for FY27 is also below expectations. Boot Barn ( BOOT ) guides EPS to be within a range of $8.21 and $8.64, with an $8.42 midpoint that is short of $8.51 estimates. Revenue guidance, however, exceeds expectations, with FY27 sales seen between $2.578B and $2.623B (+14% to 16% growth) compared to $2.56B estimates. Same-store sales for the fiscal year are expected to increase by 2% to 4%, with retail same-store sales up 1% to 3% and e-commerce sales up 11% to 13%. More on Boot Barn Boot Barn: I Might Dip My Toes In Later This Year (Rating Upgrade) Boot Barn Rides Over Tariffs Unaffected, But Trades At Nosebleed Multiples For Discretionary Fashion Boot Barn Q4 2026 Earnings Preview ClearBridge SMID Ca...
Sutro Biopharma press release ( STRO ): Q1 GAAP EPS of -$2.94. Revenue of $14.52M. More on Sutro Biopharma Sutro Biopharma: Recycling Past Data Ahead Of The Readout, Sell Sutro Biopharma, Inc. (STRO) Presents at AACR Annual Meeting 2026 - Slideshow Sutro Biopharma: ADC Developer With Poor Track Record Aims For Positive 2026 Sutro Biopharma GAAP EPS of -$22.49 misses by $7.28, revenue of $102.48M b...
Sutro Biopharma press release ( STRO ): Q1 GAAP EPS of -$2.94. Revenue of $14.52M. More on Sutro Biopharma Sutro Biopharma: Recycling Past Data Ahead Of The Readout, Sell Sutro Biopharma, Inc. (STRO) Presents at AACR Annual Meeting 2026 - Slideshow Sutro Biopharma: ADC Developer With Poor Track Record Aims For Positive 2026 Sutro Biopharma GAAP EPS of -$22.49 misses by $7.28, revenue of $102.48M beats by $3.3M Seeking Alpha’s Quant Rating on Sutro Biopharma
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, FedEx Corp (Symbol: FDX) has taken over the #136 spot from SLB Ltd (Symbol: SLB), according to The Online Investor. Market capitalization is an important data point f
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, FedEx Corp (Symbol: FDX) has taken over the #136 spot from SLB Ltd (Symbol: SLB), according to The Online Investor. Market capitalization is an important data point f
Encompass Health ( EHC ) priced a private offering of $500M aggregate principal amount of 5.875% senior notes due 2034. The Notes were priced at 100% of principal value and are expected to mature in 2034. Interest on the Notes will be paid semiannually on June 1 and Dec. 1, beginning Dec. 1, 2026. The offering is expected to close on May 29, 2026. Proceeds, along with available cash, will be used ...
Encompass Health ( EHC ) priced a private offering of $500M aggregate principal amount of 5.875% senior notes due 2034. The Notes were priced at 100% of principal value and are expected to mature in 2034. Interest on the Notes will be paid semiannually on June 1 and Dec. 1, beginning Dec. 1, 2026. The offering is expected to close on May 29, 2026. Proceeds, along with available cash, will be used to redeem $400M of outstanding 4.500% senior notes due 2028 at par. Part of the proceeds will also repay $100M outstanding under EHC’s senior secured revolving credit facility. Remaining proceeds will cover related fees and expenses tied to the refinancing transactions. More on Encompass Health Encompass Health Corporation (EHC) Presents at Bank of America Global Healthcare Conference 2026 Transcript Encompass Health Corporation 2026 Q1 - Results - Earnings Call Presentation Encompass Health Corporation (EHC) Q1 2026 Earnings Call Transcript Encompass Health launches $500M senior notes offering due 2034 Encompass Health raises 2026 outlook to $6.375B-$6.470B revenue amid plans to open 7 hospitals
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Hewlett Packard Enterprise Co (Symbol: HPE) has taken over the #246 spot from PayPal Holdings Inc (Symbol: PYPL), according to The Online Investor. Market capitalizat
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Hewlett Packard Enterprise Co (Symbol: HPE) has taken over the #246 spot from PayPal Holdings Inc (Symbol: PYPL), according to The Online Investor. Market capitalizat
Alistair Berg Wall Street’s major market averages ended higher on Thursday, with the S&P 500 tagging 7,500 all as investors looked ahead for updates on U.S.-China diplomatic talks. The blue chip Dow ( DJI ) closed +0.7%, the benchmark S&P 500 ( SP500 ) ended +0.7%, and the tech focused Nasdaq Composite ( COMP:IND ) advanced +0.8%. Now, here are the three stocks to watch on Thursday after hours: Fi...
Alistair Berg Wall Street’s major market averages ended higher on Thursday, with the S&P 500 tagging 7,500 all as investors looked ahead for updates on U.S.-China diplomatic talks. The blue chip Dow ( DJI ) closed +0.7%, the benchmark S&P 500 ( SP500 ) ended +0.7%, and the tech focused Nasdaq Composite ( COMP:IND ) advanced +0.8%. Now, here are the three stocks to watch on Thursday after hours: Figma ( FIG ) shares climbed after releasing its first quarter 2026 financial results post-market on Thursday, which featured a 46% year-over-year revenue surge. For the quarter ended March 31, the digital design tool company reported adjusted earnings per share of $0.10 versus the consensus estimate of $0.06. GAAP loss per share was $0.27 compared to the loss per share estimate of $0.26. XBP Global Holdings ( XBP ) said its board has launched a formal review of strategic alternatives aimed at enhancing shareholder value and strengthening the company’s capital structure. Lithium Argentina ( LAR ) said its planned expansion of the Cauchari-Olaroz lithium brine operation was approved for the Argentina government's Large Investment Incentive Regime incentive program. More on Figma, Inc., XBP Europe Holdings, etc. Lithium Argentina AG (LAR:CA) Q1 2026 Earnings Call Transcript Lithium Argentina: Real Production, But Still A Lot Of Uncertainty Lithium Argentina: A Sleeping Giant Is Awakening Figma climbs as Q1 features 46% revenue surge driven by significant seat expansion XBP Global explores strategic alternatives, including possible asset sales
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, MGM Resorts International (Symbol: MGM) has taken over the #488 spot from Henry Schein Inc (Symbol: HSIC), according to The Online Investor. Market capitalization is
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, MGM Resorts International (Symbol: MGM) has taken over the #488 spot from Henry Schein Inc (Symbol: HSIC), according to The Online Investor. Market capitalization is
Elon Musk ’s xAI is rolling out its first artificial intelligence coding agent, called Grok Build, in an attempt to catch up to Anthropic PBC ’s Claude on streamlining software development. The artificial intelligence model, which is in early testing and only available for paying subscribers, is the startup’s initial push into professional coding. The agent can complete complex coding tasks follow...
Elon Musk ’s xAI is rolling out its first artificial intelligence coding agent, called Grok Build, in an attempt to catch up to Anthropic PBC ’s Claude on streamlining software development. The artificial intelligence model, which is in early testing and only available for paying subscribers, is the startup’s initial push into professional coding. The agent can complete complex coding tasks following a user’s commands, according to a post on xAI’s website . Musk and xAI are racing to catch up to other AI companies on coding, a lucrative market for AI and an area where the billionaire admits his firm has fallen behind . Michael Nicolls, xAI’s president and an executive at Starlink, has urged staffers at the startup to match Claude’s performance across tasks, calling it a “near-term goal.” Musk, the world’s richest person, has set out to rebuild his AI company in advance of parent company SpaceX’s initial public offering later this year, which is expected to be the largest in history. That rebuilding process has included layoffs, expensive new partnership deals and a spate of hirings to try and replace xAI’s founding members, who have all left. Last month, xAI inked a deal to partner with AI firm Cursor on coding as well as computing resources. Cursor engineers have already been working with the startup in recent weeks, according to people familiar with the matter. Still, other key engineers at xAI’s Palo Alto office have recently left, including Devendra Chaplot, a Mistral AI founder who joined in March, and Beibin Li, who led xAI’s post-training team.
TPG RE Finance Trust ( TRTX ) announced on Thursday that it closed a $400M Term Loan B due 2033 and a $100M Revolving Credit Facility due 2031. The company plans to use the net proceeds to repay existing debt, partly redeem its TRTX 2022-FL5 CLO, and support general corporate purposes. The Term Loan B was priced at 99.75% with interest at Term SOFR + 275 basis points, while the revolving facility ...
TPG RE Finance Trust ( TRTX ) announced on Thursday that it closed a $400M Term Loan B due 2033 and a $100M Revolving Credit Facility due 2031. The company plans to use the net proceeds to repay existing debt, partly redeem its TRTX 2022-FL5 CLO, and support general corporate purposes. The Term Loan B was priced at 99.75% with interest at Term SOFR + 275 basis points, while the revolving facility carries interest at Term SOFR + 200 basis points. CEO Doug Bouquard said the financing strengthens the company's diversified liability structure and supports the company’s growth plans. Source: Press Release More on TPG RE Finance Trust TPG RE Finance Trust, Inc. 2026 Q1 - Results - Earnings Call Presentation TPG RE Finance Trust: Attractive Preferred Shares And A Robust Balance Sheet TPG RE Finance Trust, Inc. (TRTX) Q1 2026 Earnings Call Transcript TRTX outlines $535M of executed term sheets while office exposure falls below 5% TPG RE Finance Trust Q1 2026 Earnings Preview